Details Written by: RJ PYMNTS is reporting Visa & Mastercard will being increasing processing fees in October and April. It appears that many of the increases will be aimed at online purchases. The consulting company CMSPI is predicting merchants could pay ~$502 million/year with this increase. A Mastercard spokesman replied with this: “We were clear…
Details Written by: RJ Discover has announced the Q4 2023 5x categories: Earn 5x cash back on up to $1,500 in combined purchases in: Target Amazon Categories must be activated on each Discover card. Q4 runs from 10/1/23 – 12/31/23. Discover is running a $100 intro offer on the Discover IT Cash via referral. Requirements…
Details Written by: RJ A few weeks ago we highlighted the new business credit card landing page for Wells Fargo. It teases a new card coming soon. Now, we have reports of three new business cards coming soon. Trademarks for the Signify line were filed last year. No details on the cards themselves. Signify Business…
Details Written by: RJ Bank of America has updated the 3x category choices on the Customized Cash card: Gas stations Added EV charging Online shopping Added cable, streaming, internet, phone plans Dining Travel Drug store/pharmacy Home improvement/furnishings Full category exclusion list First reported reader Terrel Moss (Happy Birthday sir!) Thoughts More options is always nice.…
Details Written by: RJ Citi has refreshed its banking tiers. Previously the deposit account products were separated into ‘account packages’ where a user would pick the package to best fit their needs (or easiest to hit a bonus with) Now Citi will have the Citi Relationship program. Your relationship tier is based on your combined…
Details Written by: RJ Delta has opened a new Sky Club in Boston’s Logan International Airport. Details ~21,000 square feet Seats 400 Hours: 1:30pm – 10:45pm daily Terminal E for international travel Features Full bar + a premium bar Five showers Two family rooms Six soundproof work booths Normal food options First reported by OMAAT…
Details Written by: RJ American Express has announced updates to the Platinum card Authorized users Additional Platinum cards will now cost $195 each. The old price as $175 for three cards, then $175 per each card after that. Changes are live now for new cardholders and new authorized users. Existing cardholders will receive a letter…
Details Written by: RJ IHG Hotels & Resorts is launching a new ‘midscale conversion’ brand; Garner – An IHG Hotel. First properties are expected to launch by the end of 2023. Garner will give owners and guests what they’ve been missing in the midscale space. We’ve designed this brand to deliver on what’s expected –…
Details Written by: RJ Capital One has tightened their welcome offer eligibility requirements: Existing or previous cardmembers are not eligible for this product if they have received a new cardmember bonus for this product in the past 48 months. This seems to apply to all personal cards with a welcome offer. I didn’t see the…
Details Written by: RJ Wired is reporting on new findings from cyber security researchers on loyalty programs. The research looks at Points, the company behind running most loyal programs in the travel space. The study was commissioned by Points, who worked with researchers to patch the weaknesses . The research highlights weaknesses in Points Application…